Olin Corporation and Huntsman Corporation have entered into a definitive merger agreement to combine in an all-stock transaction. Huntsman shareholders will receive 0.5476 shares of Olin common stock for each share of Huntsman common stock held. The combined company will be named OlinHuntsman Corporation and will be headquartered in The Woodlands, Texas. The transaction is structured as a merger of equals, with the board of directors of the combined company consisting of ten members: four from Olin, four from Huntsman, plus the CEOs of both companies. Kenneth Lane will serve as CEO of the combined company, while Peter Huntsman will serve as non-executive Chair. The merger is subject to shareholder approvals from both companies and customary regulatory clearances.